|
��15�1415
<br /> ��EC� �� T��JST
<br /> �C��#I���d} Pa�e �
<br /> Attvrneys' Fees; Expenses. lf Lender institutes any suit o� a�tion to enforce any of fhe terms of this De�d of
<br /> Trus�, Lender sh�ll be entitled to re�o��r such sum as�he caur�may adjudge�easona�fe as a�torn�ys'�e�s a��rial
<br /> and upon ar�y appeal. Vllh�ther or nvt any court a�t��n is �n�ol�e�d, and �o the ex�ent not pr�hibited by law, a�l
<br /> reasonable expenses Lender �ncurs �h�t in Lender'� op�nian are necessary at any ��me for �he pratection of �ts
<br /> �nterest or�he en�Fo�aerrient af its righ�s sha[[ become a pa�af#he lndebtedness payable�n demand and shall bear
<br /> interesf at the Not�ra�e frvm the dat�of the exp�nditure until repaid. Expenses co�ered b�thi�paragraph include,
<br /> withaut iimit�tion, hawever subj�ct�o any limi�s under applicable law, Lender"s attarneys'fees and Ler�der's lega[
<br /> expenses, ►Nhether ar n�t there is a la�vsuit, inc[uding at�orneys' fiees and �xpenses for bankruptcy proceedings
<br /> : �including�ffar�s to modify ar�acate any automatic stay or injunc��vn}, appeals,and any anticipated post judgmen�.
<br /> co�fection servi�es, �he cas#vf searching reeords, obtainin� title repvrts �including fvreclosure repo�ts}, surveyors'
<br /> rep�rts, and appraisal �ees, title insuranc�, and fe�s far #he Trustee, to �he extenfi permit�ed by applicable �aw.
<br /> Trustor also will pay any court costs, in additian ta all vther sums prv�ided by Iaonr.
<br /> Rights vf Trus#ee. Trus�ee shall ha�e all Qf�he rights and duties o�Lender as set for�h in this se�tiarr:
<br /> �DWERS AND QBLIGAT�UNS�F TRL]STEE. The fvllvwing p�-a�isians relati�g fo�he powers and obliga�ions af Truste�
<br /> are part o�this Deed of Trus#:
<br /> Powers�f Trusfiee. In addition tQ all pvwers af Trusfi+ee arising as a matter of�aw,Trustee shall ha�e�he pow�r t�
<br /> tak�the fv1��wEng ac�ions with r�espect to t�te Proper�y upon#he wr��t�en reques�af Lende�and`Trustor: �a}�oin in
<br /> preparing and ffing a m�p or plat of the Real Prvperty, including the dedicativn af streets �r ot�er rights �a the
<br /> public; �b} join in gran�ing any easement or �reating any restri�tion on the Real Property; and ��} join in any
<br /> subarc�ination�r vther agreer�en�affec�ing this❑eed vf Trust ar the int�rest a�Lender under tt�is Deed of Trust.
<br /> Trustee. Trustee shall mee�alf qualifica�i�ns required fvr Trus�ee under applicab�e law. ln additian to the rights
<br /> and remedies set f�r#h abvve, �rvith respect to a�l ❑r any par� vf fhe Property, the Tru�tee sha11 have the right to
<br /> �oreclas� by notice and sale, and Lender wil� haWe the right ta foreclose by judi�ial �F�r�c�osure, in either case in
<br /> accordance with and ta the full extent prn�ided by appli�a�le�aw.
<br /> 5uccessor Trusfee. Lender, at Lender's optivn, may from time ta time appoint a successor Trus�ee to any Trustee
<br /> appainted under�his Deed o�F Trust by an instrument execu�ed and acknow�edged by L�nder and �e�orded in the
<br /> ❑ffice af the recorder of Hall Caunty, Sta�e v� Nebraska. The instrumen� shall contain, Fn additivn to a[I afiher
<br /> matters requ�r�d �y state faw, �he names of�he �riginal Lender, Trustee, and Trus�or, th�e bo�k and page �ar
<br /> c�mputer �ys�em re�erenc�e} wh�re this Deed af Trus� is recarded, and the name and address �f the successor°
<br /> trus#ee,and the insirumen�shall be exeeu�ed and acknavuledged by all the beneficiaries under�his Deed�f Trust❑r
<br /> their successv�s in interest. Th�successor trustee, �ri�hou�c�nveyanc� af th� Pro�per�y, shall �ucceed �o a[I the
<br /> title, power,and dut�es conferred upon the Trustee in this De�d af Trust and by appli�abi�law. This p�o�edur��vr
<br /> substituti�n v�Trustee shalC govern�o the exc�usian vf al[other pro�isions for subs��fiuti�n.
<br /> N�TICES. Any �vfice r�quired ta be given under�Mis Deed of Trust, includir�g with�ut limi�atian ar�y nvti�e of d�fault
<br /> and an�r�otice of sale shall be Si�en in wri�ing, and sha�l be effecti�e�vhen acfually deli�ered,when actually rec�i��d
<br /> by t��efacsimile�unless�therw�se requi�-ed�y law},wher�deposite�d v�vith a nationa�Iy re�ognized v�e�night courier,ar, if
<br /> mai[ed,when depvsi�ed in the United States mail, as first class, cer�ified�r r�gistered mail pos�age prepaid,directed�v
<br /> the addr�sses shown near the beginning nf#his Deed of Trust. Af1 copies of notices of f��eclosure from the holder of
<br /> any Eien whiGh has priari�y o�er this Deed of Trust shalE be sent to Lender's addr�ss, as shvwn near�he beg�nning of
<br /> tf�is Deed af Trust. Any persvn may chang� his or her address for notices under this Deed of T�-us# by gi�ing farmal
<br /> �vri�ten notice to the other persvn or per�ons, specify�ing that th� purpose of the notice is to change the persan's
<br /> address. For nati��purposes,Trustor agrees to keep L�nder informed a�al�tirnes o�T�usto�`s currenf address. Unless.
<br /> ❑therwise pro�ided ar requ�red by law, if there is mare than vn� Trus�vr, any n�tice giv�n by Lend�r to any Trus�or is
<br /> deemed t��e n�tice given�o all Trustor�. 1t�i11 be 7rustvr's respansibility ta�ell the o�hers o�the nati�e frc�m Lender.
<br /> l�tISCELLANEnUS PRDVISIONS. T�e followin�miscel[aneous pro�isions are a part vf this Deed of Tru�t:
<br /> Amendments. V11ha� is writ�en in this De�d af Trust and in the Related Documents �s Trustor's entire agreement
<br /> w��h Lender con�erning the matt�rs co�e�-ed by#his Deed��Trus�. Tv be e�ect��e, a�y change or amendm�nt to
<br /> fihis Qeed of Trust must be in writing and m�st �e sign�d by vv'hveyer wi�l be bound �r obligated by the change or
<br /> ar�endmenfi:
<br /> Caption Headings. Gaptian �eadings in this Deed of Trust at-e for �on�enience purposes v�iy and are not to b�
<br /> used t�interpret or define the pr�visions af#his Deed vf Tr�st..
<br /> M�er��re The�e sha�f be nv merger of thP in�eres#ar esta#e created by th�s ❑eed vf Trus�vvi�h any❑�her interes�or
<br /> est�te �n the Prv��rty at�ny time held by ar�For the benefi�of Lender in any capaci��, withau�the written �onsent
<br /> o�F Lender.
<br /> Ga�ernEng Lar►v. This ❑�ed of Trust will b� ga►rerned by�federal law appl�cable �o Lende� and, �v �he exten� rro�
<br /> preempted by f�deral lawr,�he laws of the 5fa�e o�N�braska without regard to i�s conf�icts af law pr�vis'rvns. This
<br /> �eed�f Trust has k�een accepted�ay L�nder in the 5�a�e of Nebraska.
<br /> J�int and Se�eral Liab�li��r. All ob[igations of T�ustor under�his Deed o�Trust shall be join� dr�d several, and all
<br /> references ta Trust�r shall mean each and e�ery Trustar: This means �ha# each T�ustar� signin� belvw i�
<br /> respansible far al[�bligations in this❑eed of Tru�t. �
<br /> Na Waiver by Lender. T�ustor understands Lender wi�l not gi�e up any of L�nd�r's righ�s under this Deed of Trust
<br /> un�ess Lender do�s s� in writing. The �act tha� Lender delays or omi�s to exercise any right wi[I nvt mean that
<br /> Lender has given up that right. If Lender does agree in writing �a gi�e up one of Lender's righfis, �hat daes not
<br /> mean Trustor vu�ll not ha�e to comply v�ith the ather pro�is�vns af�his Qeed of Trust, Trustvr afso unde�s�and�
<br /> that i� Lender dves consent�a a request, that does r�v� mean��ha� Trustor will n4� ha�e ta ge� Lender's c�nsen�
<br /> again if�he���uatio� happens again. Trus#or fur�her understands�hat just because Lender con�en�s to one or mor�
<br /> of Trustor's requests, that daes nof rnean Lend�r wil� k�e required to co�sent tv�ny af Trustor`s future requests.
<br /> Trustor wai�es presentmen�,d�manc�far paym�n�, protest,and natice of dishonor.
<br /> $eWerabElity. Ef a �our�finds that an�prv�isi�n o�this Deed ❑f T�-ust is nat�alid or shou�d n�t b�en�vi-ced, fhat
<br /> fac�by itseff wilf nvt mean t��at the�-est�f this De�d o�Trust will no�be�alid or enfarc�ed. Therefore, a��ur#wi[I
<br /> enfarce fhe res�c��the pro�isivns vf this De�d of Trust even i�'a p�o�isior�o�thEs De�d vf Trust may be fvund to be
<br /> in�alid or unen�arceable.
<br /> Succ�ssors and Assigns. Sub�ect#a any�imitations stated in this Deed vf Trusf on transfer of Trust�r"s interest,
<br /> this Deed vf Trust sha[I be binding upon and indare �o the benefit af#he parties, #heir su�cessors and ass�gn5: !f
<br /> ownership of�he Proper�y becvmes��s#ed in a pers�on other than Tru�tor, Lender, withvut n�tice�n Trustar, may
<br /> d�al wtth Trustvr's su�cessors w��h re�erence�a this Deed of Trust and the Indebtedness by v�vay of farbearan�e ar
<br /> extens��n wit�hau�releasing Trus��r from the obligations af this D�ed af Trust or�iability under the Indebtedness.
<br /> Time E5 of the E�sence. Time is of the essence in the pe�formance of tY�is Deed of Trust.
<br /> V�'ai�e Jury. A!I parti��tv this C3eed af Tru�t he�r�by wairre�he ri�ht to any jury triaf in an�ac#ion, proceeding, vr
<br /> cour�ter�laim brought by any party against any oth�r party.
<br /> VVa�Wer of Hom�s#ead Exemption. Trustvr hereby rele�.ses and ►�va€�es a11 rights and benefits of the hnmest�a�
<br /> exerr�ption laws nf the State of Nebraska as�o all lndeb�edness se�ured by this Deed of Trust.
<br />
|